Synchrony

Sustainability Report and Carbon Intensity Rankings

Is Synchrony doing their part?

Their DitchCarbon score is 59

Synchrony has a DitchCarbon Score of 59, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their size and output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Synchrony operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Synchrony, located in the United States, benefits from a low carbon intensity rating in the region, indicating a favorable environmental impact. This suggests that the company’s sustainability efforts are supported by the country’s overall lower carbon emissions.
8.17%

...this company is doing 8.17% better in emissions than the industry average.

Founded in 1993 and based in Salem, Synchrony operates within the US finance sector, specializing in the enhancement of rotating machinery and power conversion through magnetic bearings, and high-speed motors and generators. As a technology leader, the company offers innovative solutions including the award-winning Fusion magnetic bearing product. Synchrony’s commitment to technical advancement is underscored by its recent recognition with the R&D100 Award.

Bad news, Synchrony hasn't committed to SBTi targets yet

Synchrony has not established specific commitments with the Science Based Targets initiative (SBTi) yet. This means the company is currently not aligned with a clear set of goals to reduce greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

Synchrony should foster supplier engagement initiatives to promote the reduction of emissions, potentially decreasing their Scope 3 emissions by 35%.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.